The Armenia BRIDGE project supports the Government of Armenia in strengthening the country’s business climate by modernizing key legal, regulatory, and institutional frameworks governing business entry, operation, and exit. Funded by the European Union and implemented by the World Bank, the project focuses on developing a modern Company Law, establishing a data-driven and digital company registry, reforming business licensing procedures, strengthening competition policy, and modernizing the investment law framework.
These reforms aim to enhance legal certainty, improve transparency, streamline administrative processes, and reduce regulatory barriers for businesses. By strengthening institutional capacity and digital public services, the project will foster a more transparent, predictable, and competitive business environment, attract investment, and support sustainable private sector development and job creation in Armenia.

The overall objective is to strengthen Armenia’s business climate by improving the legal framework and regulatory delivery for market entry, operation, and exit.
Specific objectives:
1. Support the development and implementation of a modern and unified Company Law aligned with international good practices.
2. Establish a digital, data-driven company registry to improve transparency, service delivery, and access to business information.
3. Reform and streamline business licensing systems to facilitate market entry while safeguarding public interest.
4. Strengthen Armenia’s competition policy framework and build institutional capacity to reduce the regulatory barriers and anticompetitive practices at the national and subnational levels.
5. Modernize the investment law framework to attract sustainable investment and improve investor confidence.

1. Improved business environment through modernized and transparent Company Law
2. Enhanced digital government service through operational data-driven digital company registry aligned with new legal framework.
3. Streamlined and risk-based licensing regime aligned with international good practice that safeguards public interest.
4. Dynamic, fair, and pro-competitive market enabled by new National Competition Policy
5. Strengthened investment climate through modernized Investment Law aligned with international standards